Articles Archive for 16 November 2008

By Adelaide Chen
Oakland continues to rank among the top ten metropolitan areas in the U.S. with high rates of foreclosure, but the city’s Asian neighborhoods remain relatively untouched.
Chinatown, Eastlake and lower San Antonio have received few notices of default over the last three years, according to data analyzed by a local economic development nonprofit.
The notices serve as “the first line of evidence that there is a problem, and none of them are reflecting that there is one,” said Anne Griffith of Urban Strategies Council, who has mapped data …

By Karen Weise — As General Motors told Congress this week that it needed federal aid to stay afloat, the 510Report looks back at General Motors’ presence in Fremont. This timeline pulls together research from historic press coverage of New United Motor Manufacturing, Inc. (NUMMI), the joint-venture plant between GM and Toyota.
NUMMI has long been held as a one of the best plants in the country, with relatively collaborative labor relations, a highly efficient production process, and some of the lowest default rates in the industry.